Khedira, who joined Real in 2010, has been heavily linked with a move to the Premier League in recent months.

Arsenal, Manchester United and Chelsea are understood to be interested in signing the former Stuttgart star, who has made 161 appearances for Los Blancos.

Schalke are also admirers of the German international and their sporting director, Horst Heldt, has warned the Premier League giants that they don't need Champions League football to land the coveted midfielder.

WANTED MAN: Sami Khedira has attracted interest from a number of clubs [GETTY]

“Like before, we are looking at whether a transfer of this calibre is a realistic option”

Sami Khedira

"Decisions regarding individual players do not depend on whether we will qualify for the Champions League," Heldt told Sport Bild.

"Like before, we are looking at whether a transfer of this calibre is a realistic option.

"But in the end there are obviously things that speak in our favour and other things that speak in other clubs' favour.